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Pukhraj D. Jain v. G. Gopalkrishna AIR 2004 SC 3504. It was held by the Court that it is not for litigant to dictate to the Court as to how the proceedings should be conducted, it is for the court to decide what will be the best course to be adopted for expeditious disposal of the case. M.S.M Sarma v. Sri Krishna Sinha AIR 1960 SC 1186 In this case court has discussed the principle underlying s.11 that is res judicata. The present section bars the trial of a suit or an issue in which the matter directly and substantially in issue has already been adjudicated upon in a previous suit. Moreover, public policy requires that there should be an end of litigation. The question whether the decision is correct or erroneous has no bearing on the question whether it operates or does not operate as res judicata otherwise every decision would be impugned as erroneous and there would be no finality. Salem advocate Bar association vs. UOI AIR 2003. In this case the amendments made to CPC in 2002 were challenged and the same was held to be not ultra vires to the constitution by hon’ble supreme court.
When a company compares its sales and expenses to determine that volume of production where there is no profit and no loss. This type of analysis is kno...
Under the IBC, which of the following is NOT a condition for MSMEs to qualify for insolvency resolution?
What does REIT stand for?
What is the authorized capital of CCIL IFSC Limited?
Which of the following was/were the necessary steps taken by the government to minimize the impact of inflation and supply shortage on the vulnerable se...
Calculate the Proprietary Ratio of the company?
A facility to withdraw money from a current bank account without having a credit balance but is limited to the extent of the borrowing limit, which the...
Vivek is a foreign exchange dealer. He enters into a forex position and forgets to square the over bought position in a foreign currency. Which of the f...
Under the RBI’s guidelines, what is the maximum exposure to an individual borrower for UCBs with Tier 1 capital?
Value at Risk (VaR) is a widely used risk management tool. A limitation of the VaR approach to measuring risk is that it fails to specify: